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It is a big week for Arbitrum, with the launch of $ARB airdrop, as liquidity providers earned over $500,000 in profits within a few hours of providing liquidity. Yesterday saw the launch of Arbitrum's governance tokens, ARB, which can be used to vote on decisions related to Ethereum scaling protocol updates.
The tokens were stolen by someone who compiled vanity addresses that were eligible to receive $ARB airdrops, generated similar addresses using vanity address generators and directed the airdrops to them instead.
Arbitrum (ARB/USD) new crypto token is surging a day after the airdrop. According to CoinMarketCap, ARB price was trading at $1.50, giving it a market cap of over $1.9 billion. This makes it the 33rd biggest cryptocurrency in the world.
Network activity on layer-2 network Arbitrum (ARB) reached a new all-time high of 2.7 million transactions on March 23 — doubling that of the Ethereum (ETH) mainnet.
Transactions on Arbitrum (ARB) are surging to record numbers as the layer-2 scaling solution airdrops 12.75% of its token supply. The Arbitrum Foundation is distributing the tokens to eligible users as its aims to make the ecosystem more decentralized than other Ethereum (ETH) scaling chains. “Only use the http://arbitrum.foundation website to claim your ARB.
The price of Mask Network's MASK token has increased by more than 18% in the last 24 hours, as ARB sees red following Arbitrum's ARB token airdrop.
Taking as a reference the trades on Uniswap, which began immediately after the launch, the first price was about $4, although it turned out to reach a high of $4.7.
Yields on liquidity pools are paying out as much as 800% annualized as users rush to claim ARB tokens.
Ethereum's (ETH) layer-2 scaling solution Arbitrum (ARB) experiences unprecedented growth in anticipation of the ARB token airdrop.
The Arbitrum Foundation website crashed on ARB airdrop launch.
Arbitrum's token airdrop started off in a frenzy that broke multiple websites, and yet more than 428 million ARB tokens are left to be claimed.
More than half of unique wallets have already claimed their ARB
ARB token sold-off upon listing at exchanges and some users reported a tech-issue laden claim experience, but the token could still follow the trajectory of previous airdrops.
Arbitrum's newly airdropped ARB token began trading at $8 before falling steeply to $1.30. Despite system overloads and errors, trading volumes have ballooned to $1.2 billion.
On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed.
ARB, the just airdropped token that powers the Arbitrum Decentralized Autonomous Organization (DAO), has seen extremely volatile trading conditions on Thursday.
Arbitrum's recently-airdropped DAO token reached a peak of $11.446 on March 23, 2023.
The long-awaited Arbitrum token finally dropped – and immediately tanked in value compared to its IOU.
With a new layer 2 token in town, the Arbitrum fever is on.
Arbitrum's newly airdropped token ARB price dropped by around 90% to $1.20 as investors rapidly dumped their token, according to CryptoSlate's data.
Arbitrum token's highly anticipated launch took place today, and it seems the trading frenzy has lived up to the hype.
The Layer 2 blockchain unveiled plans to release ARB tokens last week as part of a push to become more decentralized.
The long-awaited Arbitrum's native token, ARB, finally made its debut on the crypto market today, albeit with several hiccups and hurdles along the way. The price of Arbitrum (ARB) experienced a decline of roughly 90% from its IOU value and currently trades near the $1 range.
Trading for Arbitrum's hyped ARB governance token went live on Thursday, Mar.23 after the airdrop was announced last week.ARB trading kicked off across centralized crypto exchanges like BitMEX, Binance, Bitfinex, Kraken, and decentralized exchanges like Uniswap.The ARB airdrop heralds a new era for the Arbitrum ecosystem packed with a self-executing DAO and L3 developers stack for builders. Arbitrum's hyped ARB token entered the crypto market on Thursday amid massive token claims and price volatility after the Ethereum layer 2 scaling protocol announced its airdrop on Mar. 16 last week.
